The Obama administration says a U.S. default would be “catastrophic.” Economists say it could plunge the country into recession and prompt a global financial meltdown.
A possible national default loomed closer on Monday as the partial government shutdown lingered, rattling markets in the U.S. and overseas. A gridlocked Congress betrayed
If majorities in both the House and Senate would vote to reopen the government with no strings attached, or vote to repeal the new health
The glitch-ridden rollout of President Barack Obama’s health care law has opponents crowing: “Told you so!” and insisting it should be paused, if not scrapped.
Senate Democrats are drafting legislation to raise the nation’s debt limit without the type of unrelated conditions that Republicans have said they intend to demand,
Before forcing the United States government into a shutdown that nobody but the extreme right wing of their own party wanted, Republicans were warned by
American Indian tribes have been caught misappropriating tens of millions of taxpayer dollars, according to internal tribal audits and other documents. But federal authorities do
The government shutdown entered its second week with no end in sight and ominous signs that the United States was closer to the first default
Across America the government’s work is piling up, and it’s not just paperwork. It’s old tires and red Solo cups littering a stretch of river
As the U.S. government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked U.S. Congress also confronted